Roger Hicks wrote:
To take the concept of Partnerships to the next level, I am
considering putting forth the following Agreement per Rule #1742 for
any Agoran Player to become party to (as per section 19 of the
agreement below).
This is not an attempt to put this agreement into effect, I am simply
posting it to garner criticism and comments from the members of the
list. I'm sure it needs some work to tune it. I also want to make sure
that it complies with the law of Agora, and that there is at least
some interest in creating such an entity. The concept of course would
be for Primo Corporation to register as a player in the same way as
the partnerships.
Here is my draft of the agreement. My thanks to the Pineapple
Partnership for providing wording for me to plagerize:
Primo Corporation
Corporate Charter
1. This is a binding Agreement governed by the Rules of Agora. Parties
to this Agreement shall be known as Shareholders.
2. Shareholders shall act according to this Agreement. This however
does not impair the ability of Shareholders to act as individuals on
their own behalf.
3. Primo Corporation may incur obligations, rights, and privileges
under the Rules of Agora. The Shareholders and Officers of Primo
Corporation shall act on behalf of Primo Corporation as specified by
this charter to satisfy such obligations and to exercise such rights
and privileges.
4. The Shareholders and Officers of Primo Corporation shall work to
ensure that Primo Corporation obeys the Rules of Agora to the maximum
possible extent.
5. The Primo Corporation acts on behalf of its Shareholders. Each
share of Primo Corporation stock entitles its Shareholder to one vote
in any issue brought before the Shareholders.
6. At any time, a Shareholder of the Primo Corporation may bring an
issue before the Shareholders. This issue may be one or more of the
following:
* A request for an Officer of Primo Corporation to act in a specified
manner
* A proposed change to the Primo Corporation charter
* A proposed appointment of a new Officer and/or the removal of a
current Officer
7. An issue is brought before the Shareholders by making an
announcment to the Public Forum that clearly describes the issue and
indicates that it is an issue for the Shareholders of Primo Corporation.
8. When an issue is brought before the Shareholders, each Shareholder
has 48 hours (the Voting Period) to cast any votes allowed to them on
that issue by making an announcement to the Public Forum. A vote may
be either FOR, AGAINST, or ABSTAIN.
9. At the end of the Voting Period on an Issue, the Vice President of
Stockholder Affairs (or the CEO should the Office be unoccupied) shall
tally the votes on that Issue and publish those results to the Public
Forum.
10. Primo Corporation shall appoint Officers to act for Primo
Corporation on behalf of the Shareholders. Each Officer shall have the
capacity to act on behalf of Primo Corporation within the confines of
the duties assigned to that Office in the Primo Corporation charter.
An Officer acts with the implicit consent of the Shareholders in
whatever decisions they make on behalf of Primo Corporation, however
the Shareholders may (by Issue) require an Officer to act in a
specified manner in any given situation.
11. There shall exist an Office titled "Chief Executive Officer"
(Synonym: CEO). The CEO is responsible to exersize the will of the
Shareholders by voting on Agoran Decisions and by providing Support or
Objection on behalf of the Corporation for matters of Agoran Consent.
The CEO is also responsible to assume any duties of any vacant or
non-responsive Primo Corporation Office. The CEO may assume those
duties eirself, or appoint a new Officer to that Office to assume
those duties. Initially, the CEO shall be BobTHJ.
12. There shall exist an Office titled "Vice President of Stockholder
Affairs" (Synonym: VPSA). The VPSA is responsible for collecting and
tallying the votes on any Stockholder Issue and providing a report to
the Stockholders detailing the results of any Issue, as described in
section 9 of this charter.
13. There shall exist an Office titled "Chief Financial Officer"
(Synonym: CFO). The CFO is responsible for issuing a report to the
Shareholders on a weekly basis indicating the current status of Primo
Corporation. This report shall include a listing of all Shareholders
and the number of Shares each holds, along with a description of any
adjustments to those numbers within the past week. The CFO's Report
shall also include a listing of the actions taken by Primo Corporation
within the past week, and a summary of each of the Issues brought
before the Shareholders within that time.
14. There shall exist an Office titled "Vice President of Human
Resources" (Synonym: VPHR). The VPHR is responsible for hiring
Employees to carry out the will of the Shareholders of Primo
Corporation, as described in this charter.
15. Each week, each Officer of Primo Corporation shall be paid a
salary, awarded in company stock. Initially, this salary shall be 5
Shares.
16. For any Agoran Decision, the VPHR may issue an Employment Notice
by making an announcement to the Public Forum. The Employment Notice
shall specify three things:
* Job - The Agoran Decision in question
* Goal - The position of the Primo Corporation (as determined by the
VPHR) on that Decision (Either FOR or AGAINST)
* Wage - A specified number of Shares to be awarded as compensation to
a hired Employee for this job
17. Any Agoran Player who does not hold an Office in Primo Corporation
may respond to an Employment Notice by announcement in the Public
Forum with clear intention to become an Employee of Primo Corporation.
By doing so, they become a party to this agreement (if they are not
already) and are bound by it. They also become an Employee of Primo
Corporation for the duration of that Agoran Decision.
When the results of the Agoran Decision related to a paticular
Employment Notice are announced, each Employee who voted in the same
way on that decision as the Goal specified in the Employment Notice
shall be compensated by receiving the number of Shares specified in
the Wage portion of that Notice.
18. The VPHR may not issue an Employment Notice on an Agoran Decision
that has less than three days remaining in its voting period. The VPHR
may withdraw or modify an Employment Notice at any time by making an
announcement to the Public Forum clearly stating as such.
19. Upon initiation of this Charter, the Primo Corporation shall make
an Initial Public Offering of Shares to all Agoran Players. Any Agoran
player who wishes may once and only once obtain 50 Shares in Primo
Corporation by making an announcement to the Public Forum. This
Initial Public Offering ends one week after the Charter is placed into
effect.
I personally think that the public forum might not be the best place for
the communications between shareholders, I think that keeping
communcation more private would lead to more interesting gameplay if
multiple corporations exist.
